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GRASIMMARKET OUTLOOKSTOCK OUTLOOK

Grasim Outlook for the Week (August 14, 2023 – August 18, 2023)

Grasim closed the previous week on a negative note losing 3.21%.

Technically, Grasim share price will see immediate support at 1,801.23 and immediate resistance would be seen at 1,861.13.

If Grasim share price closes below immediate support of 1,801.23, then sharp breakdown can be seen. Grasim share price will see major support at 1,774.92 for the week.

On the positive side, immediate resistance will be seen at 1,861.13. Closing above 1,861.13, Grasim share price will see a sharp breakout. Major resistance for Grasim share price will be seen at 1,894.72 for the week.

Trading range for Grasim share price for this week should be between 1,741.33 on down side and 1,921.03 on up side.

Grasim Previous Week High: 1868.4

Grasim Previous Week Low: 1808.5

Grasim Previous Week Range: 59.9 Points

Grasim share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 1,921.03
Resistance 2 1,894.72
Resistance 1 1,861.13
Support 1 1,801.23
Support 2 1,774.92
Support 3 1,741.33

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